Milestones & Awards

2016

On Jan. 04, 2016, the Zeal Voyage China Fund agented by Tianhong Asset Management went on sale, becoming the first fund among the mainland - Hong Kong mutually recognized funds proceeding northward and sold in China.

2015

In December 2015, APP – Tianhong Ailicai was launched, firstly opening a new chapter of scenarized financial management of fund industry.

In 2015, Tianhong Asset Management established the international business department, and became qualified for QDII business.

On Feb. 26, 2016, the Company increased in capital and share, the relevant industrial and commercial registration of changes had been completed, and the registered capital increased to 514.3 million Yuan from 180 million Yuan; Equity ratio of Tianhong Asset Management held by Ant Financial was 51%, shareholding ratios of Tianjin Trust, Inner Mongolia Junzheng and Wuhu Gaoxin held 16.8%, 15.6% and 5.6% stockholder's rights, respectively. Besides, the shareholding ratio of employees is 11% in total, creating employee public shareholding in the fund industry.

2014

On May 29, 2014, Tianhong Asset Management’s capital increase and share expansion scheme was approved, and its registered capital was increased to 514 million Yuan. Zhejiang Alibaba E-Commerce Co., Ltd. made an investment of 262.3 million Yuan to Tianhong Asset Management and held its 51% stockholder's rights.

2013

On June 13, 2013, Tianhong Asset Management and AliPay jointly promoted Yu’ebao, taking the first step in the internet finance.

On May 29, 2013, the first internet fund in the industry—Tianhong Zengli Bao money market fund (Yu’ebao) was raised and set up.

In January 2014, Tianhong Asset Management had the honor to win the award of “The Most Innovative Organization of the Internet Finance in the year 2013”, and Zhou Xiaoming, vice-general manager of Tianhong Asset Management, won the award of “The Most Influential People of the Internet Finance in 2013” – IFC1000 (Internet Finance Club).

In January 2014, “The Best Innovation Award” and “The Most Growable Award” – JRJ.com.

Awards In 2013

In December 2013, Yu’ebao of Tianhong Asset Management won the award of “Best Internet Financial Product of China in the Year of 2013” – Securities Times;